Category Archives: treasury bonds

The Collapse Of The Petrodollar: Oil Exporters Are Dumping US Assets At A Record Pace

Back in November we chronicled the (quiet) death of the Petrodollar, the system that has buttressed USD hegemony for decades by ensuring that oil producers recycled their dollar proceeds into still more USD assets creating a very convenient (if your printing press mints dollars) self-fulfilling prophecy that has effectively underwritten the dollar’s reserve status in the post Read More

Dow 17,000 is on the wrong side of history – MarketWatch

David Weidner’s Writing on the Wall – July 8, 2014, 6:16 a.m. EDT Opinion: Since 1929, stock-market rallies have had things in common that this one doesn’t SAN FRANCISCO (MarketWatch) — Today’s bull market is the fourth biggest since the 1929 crash after stocks have nearly tripled since the financial-crisis low set in early 2009. Read More